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Loyalty management in the airline industry (Paperback)
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Loyalty management in the airline industry (Paperback)
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Diploma Thesis from the year 2002 in the subject Business economics
- Business Management, Corporate Governance, grade: 1,3 (A),
Middlesex University in London, 66 entries in the bibliography,
language: English, abstract: This report will demonstrate the
importance of Loyalty Management in the competitive environment of
the airline industry and will show that a successful approach to
Loyalty Management consists of three different, interlinked
aspects. These three pillars are Customer Service, Frequent Flyer
Programs, and Complaint Management; their interdependence will be
analysed in depth, with special attention given to the perceived
importance of Frequent Flyer Programs. Findings from a detailed
literature review and a survey show that customers do indeed
perceive these issues as vital with regards to their loyalty
towards a particular airline. It was found that Customer Service
can be regarded as the foundation for Loyalty Management; it can
help an airline to gain competitive advantage by setting it apart
from its competitors. Frequent Flyer Programs, if implemented and
run properly, can provide the customer with added value. As such,
they compliment Customer Service and can help to increase overall
loyalty. Additionally, Complaint Management was found to be gaining
importance among airlines. The number of complaints was shown to be
rising gradually, stressing the growing significance of efficient
Complaint Management and its strong after-effect on customer
loyalty.
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